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Biden’s Quest for Saudi Oil Faces Reality-Check of Slim Capacity

  • Gulf producers may have less spare capacity than expected
  • Tapping world’s oil-supply buffer carries its own set of risks
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Biden's Middle East Trip About Oil and Security: Haines

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Even if Joe Biden secures a pledge for more oil when he visits Saudi Arabia this week, it may do little to drive down the high fuel prices roiling the global economy.